Customs Treaty in Effect in Guatemala
With the publication in the official newspaper the Framework Convention for the Establishment of the Customs Union is now in effect.
Thursday, February 3, 2011
The agreement was approved by Congress on September 9th, 2010.
With the publication in the official newspaper, Guatemala complies with the legal framework to implement the customs union.
Although it is an issue that should be part of national policies and not dependent on political parties, the Honduran Congress thinks it is better to wait until the new government assumes power in Guatemala before ratifying the customs union agreement.
Representatives from both countries’ economy ministries are discussing health measures and commercial aspects.
The region's federation of chambers of commerce (Fecamco in Spanish) encourages governments to keep pushing for customs union.
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